How copy trading bots can boost your Crypto Profits?

[RidwanMalik]

Crypto trading can be a rewarding but challenging activity. Since the market is very volatile and it requires us a lot of research, analysis, and execution skills to succeed. So I know it can be very time-consuming and stressful.

That’s why many crypto traders rely on copy trading bots, which are software programs that can automate trading strategies and execute trades on behalf of users. Copy trading bots can help traders save time, reduce stress, and optimize profits. Of course It ain't just a click and profit, you gotta educate yourself how you can profit with a particular bot... since I have been using Bitget for copy trading bot, I always look out strategies and top bots that are positive in every way. Anyway I think this is also a smart way to trade crypto, because you don’t need to do a lot of research and all that stuff to succeed. You just need to choose the right traders that suit your preferences and goals, and the bot will do the rest for you.

Anyway it's up to you guys, like what do you think of copy trading bots? Are you willing to try them?

[Husires]

Bitget accounts have joined the forum
Bitget achieved good profits last year, and the tokens that were listed achieved good profits on average, but I see that when these services increase their user base, they may resort to mandatory KYC verification, which may occur at any stage during this year or the next.

Copy trading is not as profitable as many think.

[Carbitcoin]

Bitget accounts have joined the forum
Bitget achieved good profits last year, and the tokens that were listed achieved good profits on average, but I see that when these services increase their user base, they may resort to mandatory KYC verification, which may occur at any stage during this year or the next.

Copy trading is not as profitable as many think.

I've always been skeptical about trading stoppage bots. many acquaintances provided me with compelling arguments not in favor of the bot. If on this forum authority figures begin to leave their reviews about the use of such bots, then I will reconsider the swap attitude. Although purely theoretically the idea is very good. I used a bot to trade binary options. This is certainly not the same thing, but the result was below average.

[XTRAVAGANGA]

                                                                                                                                                                                                                                                                                                                        I have used copy trading bots on quite a few exchanges and I find it to be a smart and time-efficient way to navigate the volatile crypto market, allowing me to focus on selecting suitable strategies and top-performing bots tailored to my preferences and goals.

[XTRAVAGANGA]

                                                                                                                                                                                                                                                                                                                        I have used copy trading bots on quite a few exchanges and I find it to be a smart and time-efficient way to navigate the volatile crypto market, allowing me to focus on selecting suitable strategies and top-performing bots tailored to my preferences and goals.

[XTRAVAGANGA]

[/quote]

Crypto trading can be a rewarding but challenging activity. Since the market is very volatile and it requires us a lot of research, analysis, and execution skills to succeed. So I know it can be very time-consuming and stressful.

That’s why many crypto traders rely on copy trading bots, which are software programs that can automate trading strategies and execute trades on behalf of users. Copy trading bots can help traders save time, reduce stress, and optimize profits. Of course It ain't just a click and profit, you gotta educate yourself how you can profit with a particular bot... since I have been using Bitget for copy trading bot, I always look out strategies and top bots that are positive in every way. Anyway I think this is also a smart way to trade crypto, because you don’t need to do a lot of research and all that stuff to succeed. You just need to choose the right traders that suit your preferences and goals, and the bot will do the rest for you.

Anyway it's up to you guys, like what do you think of copy trading bots? Are you willing to try them?

[tjtonmoy]

Anyway it's up to you guys, like what do you think of copy trading bots? Are you willing to try them?

If you can't do it on your own, you shouldn't do it in the first place. Using something provided by 3rd party is a no-no in the crypto world. You should do everything best to your knowledge. When you try to use something provided by someone else, you become dependent on them. Which in the long run will create many issues.

Also, always remember that in trading, profit and loss are a thing. You will get to taste both of them and it is hard to avoid. You have to once in a lifetime no matter what. Those so-called "pro" traders do make losses too. Don't become dependent on them by copying their works or strategies. Do it on your own. It will help you so much in the long run.

[Geey]

in trading we choose our own way to start trading but we must also know from other people's knowledge in their own way, maybe their way of trading is better than the way we do it. by using a trading bot maybe this can help someone to increase their knowledge in trading and also have a good strategy, there's no harm in trying a copy trading bot by trying it we know our quality in trading.

[Crwth]

You do know that it is a challenge, in which you will really need a lot of knowledge and strategy to make sure that you have all the strategies for different types of markets. One of the best ways is to have a tool and know that it's going to help you maintain your consistency in the trades and also execute trades on your behalf. You should have full control and have the right trading community to build a good bot. Gunbot is one of them.

[Captain Corporate]

I never really liked them, it didn't make sense to me when I first heard about it and the more I read about the less sense it makes for me as well. I get that it may feel like a situation where it could cause a lot of trouble if you are not careful. Sure, it is going to be something that may not be all that crazy to handle but at the same time we are not going to really see it change for the long term neither. Just realize that you are going to end up with any good income if you risk it too much. This doesn't mean nobody makes money from this, of course there are people who do make money from it, but its rare.

[MrSpasybo]

Anyway it's up to you guys, like what do you think of copy trading bots? Are you willing to try them?

I have answered many topics about copy-trade, AI-trading-bot, and I repeat one more time here: I do not trust and I do not use copy-trading-bot. I don't give my account to someone else or a bot.

Trading is a journey for traders to learn and test many different trading strategies to choose the method that best suits them, related to risk appetite, capital and time. I know many very good traders and they provide copy-trade services to the community, but they are not responsible for any losses of users of that service.

If you are profitable using copy-trade: congratulations. But to me: no, thanks 😊

[EthereumDev_]

I never really liked them, it didn't make sense to me when I first heard about it and the more I read about the less sense it makes for me as well. I get that it may feel like a situation where it could cause a lot of trouble if you are not careful. Sure, it is going to be something that may not be all that crazy to handle but at the same time we are not going to really see it change for the long term neither. Just realize that you are going to end up with any good income if you risk it too much. This doesn't mean nobody makes money from this, of course there are people who do make money from it, but its rare.

It's not entirely true that trading using bots will give you profits because sometimes trading bots will only give you losses. It's better to trade normally than with the analysis you do because you will definitely be more careful, but if you know a bot that can give you directions for making good trades, that is certainly true, and certainly the main goal is to make a profit.

[joniboini]

It's not entirely true that trading using bots will give you profits because sometimes trading bots will only give you losses. It's better to trade normally than with the analysis you do because you will definitely be more careful, but if you know a bot that can give you directions for making good trades, that is certainly true, and certainly the main goal is to make a profit.

At the end of the day, it depends on the settings and your familiarity with the tools you use to make trades. If you rely on a copy trading bot that has a high latency on an exchange that sends API data quite slowly, then I assume there would be a higher chance that your trading is off and will result in a loss. Bots are not magic tools, nor are they cursed software imo. I guess the key problem is the unfamiliarity and lack of interest in learning how to use them properly, which is why instant/easy-to-use bots are popular, while at the same time, there's no way to influence other factors such as API request speed, etc. CMIIW.

[LogitechMouse]

Hello Bitget user. I always thought that whenever there's somebody on Bitcointalk that's talking about Bitget, he's kind of advertising the website. Don't get me wrong because there's nothing wrong with that. It's just that, I'm used to see newbies promoting that website on the other forum.

Anyway, I'm not trading anymore, but before I stopped, I experienced losing all of my capital 3x. Just December of last year, I'm a bit curious on how copy-trading works, and I tried it for at least a week I guess. To cut the story short, I ended up having a profit of $7 (fees excluded). $7 for a week is kind of low compare to the risk that you are facing when copying other people's trades, but I didn't do anything, so I will not complain on it.

Overall, I don't want the idea of copy-trading because it's like you are letting other people trade for you. They don't care if you lose money, and it would always, always be better if you will just trade on your own.

[Litzki1990]

Some exchanges are now offering bot trading, bot trading means you have to keep some amount of money in your account and once you keep the money in the account, the trading bot will buy and sell coins at will. Since the bot will automatically buy and sell tokens, sometimes there may be a profit and sometimes a loss. There are many YouTubers who say about bot trading that there is no loss in this trading, I think they only give such titles to get views, there is both profit and loss in bot trading. I did bot trading just to watch and I waited three days by bot trading but in these three days the bot bought and sold coins at will but could not give me profit, at the end of three days my loss was about one dollar. I didn't like this trading feature at all, maybe it's different for you.